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American Dollar Forecast Directory - Page #162

A round up of the latest American Dollar forecast news items from the Currency News desk.

Pound US Dollar Exchange Rate Falls amid Risk-Off Mood

2 Aug 2022 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate Falls amid Risk-Off Mood

Pound US Dollar Exchange Rate Drops ahead of BoE Interest Rate Decision The Pound US Dollar (GBP/USD) exchange rate slipped on Tuesday amid a prevalent risk-off trading sentiment. A poor outlook for the UK economy as well as subdued bets ahead of the Bank of England’s (BoE) interest rate decision may have also pulled the currency...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Surged to Three-Week High amid Dovish Turn from RBA

2 Aug 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Surged to Three-Week High amid Dovish Turn from RBA

Australian Dollar (AUD) Tumbled amid Dovish Turn from RBA The Australian Dollar (AUD) plummeted despite the Reserve Bank of Australia (RBA) delivering the third straight 50bps interest rate hike at its latest policy meeting. Souring the market mood was the dovish turn from the RBA emanating from their monetary policy statement. The...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Canadian Dollar Exchange Rate Falls as Oil Prices Soar

29 Jul 2022 at 4 PM - Written by John Cameron

STORY LINK Pound Canadian Dollar Exchange Rate Falls as Oil Prices Soar

Pound Canadian Dollar (GBP/CAD) Exchange Rate Drops amid Oil Price Rally The Pound Canadian Dollar (GBP/CAD) exchange rate is slumping today in the face of strong gains for crude oil. The currency pair may also be seeing losses as the UK’s ‘summer of discontent’ sees more and more industrial action. On the other hand, hawkish...

CATEGORIES: Pound Canadian Dollar Forecasts

Pound US Dollar Exchange Rate Drops as UK’s ‘Summer of Discontent’ Continues

28 Jul 2022 at 4 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate Drops as UK’s ‘Summer of Discontent’ Continues

Pound US Dollar (GBP/USD) Exchange Rate Tumbles amid Risk-Off Mood The Pound US Dollar (GBP/USD) exchange rate is falling today amid a risk-off market mood. The promise of further industrial action in the UK may also be weighing on the currency pair. On the other hand, major losses for GBP/USD could be limited by a downturn to US...

CATEGORIES: Pound Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavers as Australian Retail Sales Rose to Another Record Level

28 Jul 2022 at 1 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavers as Australian Retail Sales Rose to Another Record Level

Australian Dollar (AUD) Wavers as Retail Sales Missed Expectations The Australian Dollar (AUD) is fluctuating today as retail sales printed below expectations but still recorded a sixth straight month of growth. Despite falling short of a forecasted 0.5% growth, retail sales in Australia soared to another record level of $34.24Bn in...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Softens as UK Inflationary Pressures Weigh Heavy

26 Jul 2022 at 3 PM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Softens as UK Inflationary Pressures Weigh Heavy

Pound (GBP) Falls on Mounting Inflationary Pressures The Pound (GBP) is experiencing downward pressures as the release of the Confederation of British Industry (CBI) July retail sales balance further compounds the cost-of-living crisis. Following on from a second consecutive month of declining retail sales, the CBI survey revealed that...

CATEGORIES: Pound Australian Dollar Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Wavers amid Looming Recession Fears

25 Jul 2022 at 11 AM - Written by John Cameron

STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Wavers amid Looming Recession Fears

Pound (GBP) Remains Quiet in the Wake of Poor Data The Pound (GBP) is struggling to find demand as a lack of major data this week is leaving Sterling open to the souring market sentiment. With poor retail sales and mixed PMI data from Friday, and persistent political uncertainty, the Pound is left exposed to the worsening economic...

CATEGORIES: Pound Australian Dollar Forecasts

Euro US Dollar (GBP/USD) Exchange Rate Spikes as Risk Sentiment Improves

25 Jul 2022 at 11 AM - Written by John Cameron

STORY LINK Euro US Dollar (GBP/USD) Exchange Rate Spikes as Risk Sentiment Improves

EUR/USD Exchange Rate Firms on Risk Sentiment Turnaround The Euro US Dollar (EUR/USD) exchange rate trended on Monday morning, as positive risk flows buoy the Euro (EUR) in spite of downbeat data from the Ifo institute. Meanwhile, the US Dollar (USD) is succumbing to downside ahead of this afternoon’s data releases. At the time...

CATEGORIES: American Dollar Forecasts Euro Forecasts

Pound US Dollar Exchange Rate News: GBP/USD Softens as Inflationary Pressures Weigh on Market Mood

21 Jul 2022 at 12 PM - Written by John Cameron

STORY LINK Pound US Dollar Exchange Rate News: GBP/USD Softens as Inflationary Pressures Weigh on Market Mood

Pound (GBP) Slips amid Bleak Economic Outlook The Pound (GBP) is under pressure today as soaring inflation continues to weigh on the UK economy. After yesterday’s hotter-than-expected CPI inflation, soaring prices to both fuel and food are set to continue to weigh on the UK economy. With worrying figures released today further...

CATEGORIES: Pound Dollar Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Wavers as UK Inflation Hits 40-Year High

20 Jul 2022 at 11 AM - Written by John Cameron

STORY LINK Pound US Dollar (GBP/USD) Exchange Rate Wavers as UK Inflation Hits 40-Year High

GBP/USD Exchange Rate Trades Sideways on Combined Headwinds The Pound US Dollar (GBP/USD) exchange rate is trading in a narrow range so far today, as Pound (GBP) investors digest a higher-than-expected UK inflation release while the US Dollar (USD) struggles for support amid a risk-on market mood. At the time of writing, GBP/USD...

CATEGORIES: Pound Dollar Forecasts

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